LAHORE - Amreli Steels Limited, the largest selling brand of steel bars in Pakistan for the past 40 years, has posted record sales figures for FY15 in excess of Rs14 billion. Record sales coupled with increased margins have resulted in an annual EPS in excess of Rs 4.
“Our sales performance in terms of revenue and volume speak for the fact that our brand is growing stronger every year and we are increasing our penetration in distribution channels across the country,” said Anwar Kamal, Director Sales at Amreli maintained.
Amreli Steels is the leading steel bar supplier to most of the mega-projects such as Neelum-Jhelum Dam, Karachi Ship Yard, SEPCO III 1360 MW power station, and Lucky One to name a few. “We purchase most of our steel from Amreli because they have the capability to manufacture and deliver steel in large quantities and quality which is required for infrastructure projects and we receive excellent service from them” mentioned Mr. Kang Sin Kil, the Site Manager at the PEN-TSML joint venture at Karachi Shipyard.